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The Latest Breaking News on AI

Autodesk Reveals Bold Plans To Boost Profits

Autodesk’s (NASDAQ:ADSK) recent analyst day showcased a strategic pivot towards maximizing profitability and leveraging AI-driven monetization, signaling a forward-looking evolution of its business model.

Benzinga

Alphabet Sees Gemini Surge As Viral AI Tool Drives Downloads

Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) reported stronger engagement across its AI ecosystem in September, driven by a surge in Gemini’s user growth following the rollout of its viral image-generation tools.

Benzinga

Hedge Funds Are Selling Like Never Before — Should You Worry?

It’s a historic moment for markets, with stocks, gold and Bitcoin all marching to record highs as Wall Street fully embraces the AI boom and bets on continued dollar weakness fueled by rate-cut expectations.

Benzinga

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The new public defender: Some are turning to ChatGPT to offer legal advice and win small claims cases

Backers say using artificial intelligence tools like ChatGPT helps level the playing field for people without access to lawyers, while others warn of potential for ‘hallucinations,’ fines, and inaccurate advice

The Independent UK

Big Tech Earnings To Validate AI Spending Surge

Big Tech is gearing up for a blockbuster earnings season as surging enterprise demand for artificial intelligence propels growth across cloud giants, signaling what could be the next major leg of the AI investment boom.

Benzinga

AI Could Wipe Out 100 Million Jobs In The Next 10 Years, Senate Report Warns —'We Must Ensure Workers Benefit From AI, Not Just Billionaires'

A new report from Sen. Bernie Sanders (I-VT) and the Senate Health, Education, Labor and Pensions Committee’s minority staff paints a troubling picture of how artificial intelligence and automation could reshape the American workforce over the next decade.

Benzinga

Maintenance Required review – Amazon’s synthetic You’ve Got Mail rip-off

The beats of the 1998 romcom, which was itself a re-imagining of The Shop Around the Corner, are shamelessly regurgitated for this charmless copycat

The Guardian - US

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Is there an AI bubble? Financial institutions sound a warning

Financial institutions are raising concerns about a potential AI investment bubble

The Independent UK

Wall Street Charges Back To Record Highs, Gold Hits $4,050: What's Moving Markets Wednesday?

The brief pause in the market rally didn't last long. Wall Street resumed its climb toward fresh records on Wednesday, powered by another relentless surge in technology stocks — while in commodities, gold continues to defy the laws of gravity.

Benzinga

The AI valuation bubble is now getting silly

The broad parallels are genuinely close to the madness of the late-1990s dotcom bubble

The Guardian - UK

AMD-OpenAI Mega Deal Ignites 77% Surge In This ETF

GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) is attracting new investor interest as Advanced Micro Devices Inc (NASDAQ:AMD) solidifies its place in the race for AI hardware with a blockbuster deal with OpenAI and potential foundry cooperation with Intel Corp (NASDAQ:INTC).

Benzinga

China using ChatGPT for ‘authoritarian abuses’, OpenAI claims

Government-linked accounts banned from using AI over national security concerns

The Independent UK

Why Is Confluent Stock Surging?

Shares of Confluent, Inc. (NASDAQ:CFLT) are rising Wednesday following reports that the California-based data streaming company is considering a sale.

Benzinga

Employees are unknowingly leaking company secrets through ChatGPT, new report warns

A new report reveals ChatGPT and Copilot are now the biggest sources of workplace data leaks — and most employees don’t even realize they’re doing it.

Tom’s Guide

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Benzinga

The AI Blob: Capitalism's New Feeding Frenzy

If you want to see capitalism at its most feverish, forget crypto or meme stocks. The new mania has a more respectable name: AI Infrastructure. Data centers, mazes of silicon and cooling coils, are devouring every spare dollar, pound of copper and parcel of land they can find.

Benzinga

What's Going On With AMD Stock Wednesday?

Advanced Micro Devices Inc (NASDAQ:AMD) shares are trading higher Wednesday morning, maintaining momentum from a significant surge earlier in the week following the announcement of a multi-year partnership with OpenAI. Here’s what investors need to know.

Benzinga

AI Party Is Not Over, Goldman Sachs Issues Top Picks

Goldman Sachs is doubling down on artificial intelligence, highlighting infrastructure and data management as prime investment opportunities despite market concerns over high valuations.

The Guardian - AU

‘AI is here to stay and change things’: Mad Max director George Miller on why he is taking part in an AI film festival

The director believes AI has made film-making ‘way more egalitarian’ – and is set to lead the judges at Omni AI film festival in Australia

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Benzinga

Fear Of An AI Bubble? This Time Is Different, Goldman Says

"This time is different" may be the most dangerous phrase in investing—but Goldman Sachs is embracing it, claiming today's AI-driven tech boom doesn't fit the script of past financial bubbles.

Benzinga

Grindr Bets On AI Matchmaking, Teases New Pricing Tiers To Increase Average Revenue Per User: On Path To Become An 'AI-Native Company'

Grindr Inc. (NYSE:GRND) is actively exploring new premium pricing tiers as it makes a significant strategic pivot to become an “AI-native company,” according to CEO George Arison, who revealed this in a recent interview with Matt Joanou for Marketopolis by Benzinga.

Android Central

Google's AI Try-On tool expands to Canada, bringing the fitting room to your phone

You can now virtually try on clothes in Canada with Google’s new AI tool.

Benzinga

Jensen Huang Drops Bombshell Warning: Nvidia's Guidance Assumes 'China Zero' — Says US Could 'Hurt American Companies Worse' With Total Tech Ban

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang stated in a recent interview with CNBC’s Jim Cramer that the AI chip giant's financial guidance already accounts for zero revenue from China.

Tom’s Hardware

Nvidia reportedly signs another blockbuster AI supply deal, this time with Elon Musk's xAI — investment will support $20 billion Colossus 2 Memphis project

Elon Musk’s AI venture xAI is preparing to raise roughly $20 billion through a mixture of equity and debt, with Nvidia playing a central role in the funding structure and chip supply.

Android Central

Gemini for Home is now in early access: Here's what lucky Android users are experiencing

Users reported receiving Google invites for its Gemini for Home test.

Benzinga

OpenAI, Nvidia And Oracle Building A High-Tech House Of Cards? Expert Warns 'Infinite Money Glitch' Could Trigger AI-Led Job Losses And Market Chaos

A critical examination of the AI industry’s financial mechanics, dubbed the “AI Infinite Money Glitch,” is raising alarms among financial analysts and tech critics.

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